The XRP Ledger (XRPL) has implemented significant upgrades, positioning XRP as a leading platform for real-world asset (RWA) tokenization. Over the past two years, the XRPL activated six major upgrades, including Multi-Purpose Tokens (MPTs), Decentralized Identifiers (DIDs), and Permissioned Domains, to address compliance challenges faced by institutions. These enhancements have made XRPL an attractive option for tokenizing assets, accounting for $1.029 billion of the $3.4 billion in tokenized commodity growth in 2026. Jake Claver, CEO of Digital Ascension Group, highlighted the XRPL's compliance-focused upgrades, which solve key issues like asset freezing and identity verification. The network's features, such as the Clawback function and Permissioned DEX, allow institutions to manage compliance directly on the ledger. Additionally, XRPL's transaction speed and low fees further enhance its appeal, with transactions settling in three to five seconds at minimal cost. As a result, XRP's demand is increasingly tied to real settlement volume rather than speculation.